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New Jobless Claims: Totally Expected and What to Expect Next

D G Wrote: Feb 04, 2013 9:49 AM
The first day of summer in 2013 will be Friday June 21st. I can hardly wait for Summer of Recovery IV. It will be breathtaking. Correct?

As we expected, the number of new jobless benefit claims jumped from the low level reported in the previous week. Let's show where things stand now, then get to some analysis - our chart below shows where we are with respect to the most recently established trend for new jobless claims: